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Clarion University Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251256915 ✦ Clarion, PA ✦ Designated as a 501(c)(3)

Overview

What is Clarion University Foundation Inc?

Clarion University Foundation Inc is a nonprofit organization situated in Clarion, Pennsylvania, with a primary focus on supporting the overall well-being of Clarion University and its community. Their mission encompasses providing financial and necessary resources to enhance the university's strength. One of their key initiatives is student housing, including Reinhard Villages and two phases of on-campus residence halls, which offer living quarters for the university's students. The foundation's activities and mission are centered around strengthening the university community, thereby contributing to the students' academic journey and overall development. With a modest workforce of seven individuals, the Clarion University Foundation Inc plays a significant role in supporting the university's growth and success.


Official website here: www.clarion.edu/244

Is Clarion University Foundation Inc legitimate?

Clarion University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarion University Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $205,547
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,106

For more financial information, click here


Official website here: www.clarion.edu/244

What is the mission statement of Clarion University Foundation Inc?

The Clarion University Foundation Inc's mission is to provide essential and appropriate financial and other support to enhance the well-being of Clarion University and its entire community. This mission is aimed at strengthening the university and its community as a whole. One of the activities undertaken by the foundation to achieve this goal is the development of residential buildings on the university campus, offering living quarters for students. These student housing projects include Reinhard Villages, Phase I and Phase II of the Student Housing Project at Clarion University of PA's on-campus residence halls suites.


Official website here: www.clarion.edu/244

Who is the CEO of Clarion University Foundation Inc?

Max R Smith is the President-Elect of Clarion University Foundation Inc.


Official website here: www.clarion.edu/244

What is the revenue of Clarion University Foundation Inc?

Clarion University Foundation Inc's revenue in 2022 was $6,384,820.


Official website here: www.clarion.edu/244

Who are the executives of Clarion University Foundation Inc and what are their salaries?

The average compensation at Clarion University Foundation Inc during 2022 was $54,379. There are 7 employees and 93 volunteers at Clarion University Foundation Inc.

Here are 13 key members and their salaries:

    Max Smith (Executive Director/Ex-Officio)
  • Compensation: $114,050
  • Related: $0
  • Other: $17,091

    • Scott Reinsel (Controller/Ex-Officio)
  • Compensation: $63,339
  • Related: $0
  • Other: $8,268

    • Mark R Demich (President-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane France (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Burns (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Truscott (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Sukaly (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Allison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl D Mcmanamy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Palmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Archie Palmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan A Slike (Director (Exited 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maj Gen Peter J Talleri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.clarion.edu/244

    Where can I find the form 990 for Clarion University Foundation Inc?

    The Clarion University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.clarion.edu/244

    Learn more at the official website: www.clarion.edu/244

    Mission Statement of Clarion University Foundation Inc

    Clarion University Foundation Inc is committed to providing necessary and appropriate financial and other support to enhance the well-being of Clarion University and its entire community. In essence, the foundation's mission is to bolster the university's strength and positively impact the lives of its students and faculty.

    One of the primary ways Clarion University Foundation Inc accomplishes this mission is through its involvement in student housing. The foundation manages several programs, including Reinhard Villages, the Student Housing Project at Clarion University of PA On-Campus Residence Halls Suites - Phase I, and the Student Housing Project at Clarion University of PA On-Campus Residence Halls Suites - Phase II. These initiatives provide residential buildings on the university campus, offering living quarters for university students. Through these efforts, the foundation contributes to the overall living experience of the Clarion University community.

    Impact

    This information is meant to be a general summary of Clarion University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Clarion University Foundation Inc's impact is centered around providing financial and other support to strengthen the well-being of Clarion University and the entire Clarion University community. One of the key programs of the foundation is the development of student housing initiatives such as Reinhard Villages and on-campus residence halls suites. These programs offer living quarters for students of the university, enhancing the overall university experience and contributing to a thriving campus community. Through its support and initiatives, Clarion University Foundation Inc plays a vital role in supporting education and the well-being of the Clarion University community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $102,458
  • Program Service Revenue: $3,534,586
  • Gross Receipts: $6,985,072

    • Assets and Liabilities:
  • Total Assets: $152,611,961
  • Total Liabilities: $94,431,683
  • Net Assets: $58,180,278
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STUDENT HOUSING

    Revenue

    $2,889,130

    FUNDRAISING SERVICES

    Revenue

    $390,000

    PROJECT INCOME

    Revenue

    $240,681

    COMMISSIONS

    Revenue

    $14,775

    Organization Details

    Founding Year

    1933

    Principal Officer

    Max R Smith

    Main Address

    840 WOOD STREET, CLARION, PA, 16214

    NTEE Category

    Code: B110 - Education

    If you are a representative of Clarion University Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.